viewSunrise Resources PLC

Sunrise Resources advances permitting as key documents open for public comment

"We are delighted to have reached this final stage in the permitting process," said executive chairman Patrick Cheetham

Sunrise Resources PLC -

Sunrise Resources PLC (LON:SRES) has told investors that key documents in its permitting process for the CS Project, in Nevada, are now available for public comment.

The company noted that the move marks the culmination of over 2 years of solid work involving the preparation of a detailed Mine Plan, extensive baseline field and desk environmental studies.

"We are delighted to have reached this final stage in the permitting process and, whilst there have been a number of delays to the process, the end result is a robust environmental assessment,” Patrick Cheetham, Sunrise executive chairman said in a statement.

READ: Sunrise Resources well on the road to permitting CS Project

He added: “A highlight of the EA is the contribution of our Project to a reduction in carbon emissions. This comes from from the replacement of Portland cement with CS natural pozzolan and which, at the maximum planned production rate of 500,000 tons per year, gives an annual CO2 reduction equivalent to the average annual CO2 emissions from over 10,400 US households or the carbon sequestered by over 8.2 million tree seedlings grown for ten years."

Cheetham continued: “We will move to initiate first production of perlite and natural pozzolan for larger-scale customer trials as soon as possible after we receive a positive permitting decision with the expectation that this will transition to commercial production in due course on the commitment of potential customers to sales contracts."

Sunrise noted that the documents were prepared with extensive consultation with the Bureau of Land Management (BLM) and the Nevada Division of Environmental Protection's Bureau of Mining Regulation and Reclamation (BMRR).

Quick facts: Sunrise Resources PLC

Price: 0.12 GBX

Market: AIM
Market Cap: £3.98 m

Add related topics to MyProactive

Create your account: sign up and get ahead on news and events


The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is...

In exchange for publishing services rendered by the Company on behalf of Sunrise Resources PLC named herein, including the promotion by the Company of Sunrise Resources PLC in any Content on the Site, the Company...



Morning Report: Crispin Odey wades into Sirius Minerals takeover battle

Headlines from the Proactive UK newsroom. Crispin Odey has slammed the proposed takeover of Sirius Minerals (LON:SXX) by Anglo American. His hedge fund, Odey Asset Management, has declared a 1.29% stake in the potash group and says the 5.5p per share offer is not fair and should not have been...

on 19/2/20

2 min read